According to QCP (@QCPgroup), equities surged following recent news, with the S&P 500 erasing last month's 17% drawdown and returning to flat performance for the year. This dramatic reversal signals a renewed investor appetite for risk, which often correlates with increased capital flows into risk-on assets, including major cryptocurrencies like Bitcoin and Ethereum. Traders should monitor crypto market reactions closely, as the S&P 500’s recovery may encourage bullish sentiment and higher trading volumes across digital assets. Source: QCPgroup Twitter, May 14, 2025.